Food Bazaar

MUMBAI: After Big Bazaar and Food Bazaar, it's time for Gold Bazaar. Pantaloon, which has made a foray into retailing through the 'Big Bazaar' and 'Food Bazaar' concept, plans to enter the gold jewellery business under the brand 'Gold Bazaar.' Gold Bazaar will be the fourth retail division of Pantaloon. It introduced the apparel brand Pantaloon in 1988. Big Bazaar opened in '01, and Food Bazaar in '02. The company claims that Gold Bazar will be the only gold retail store offering value for money.

MUMBAI: The Future group has formed a management committee to spearhead its food and FMCG arm Future Consumer Enterprise (FCEL) and help achieve its ambitious target of growing annual sales fivefold to Rs 10,000 crore in the next five years. The team includes founder Kishore Biya ni, director Ashni Biyani and top executives from various divisions, such as Food Park chief executive Praveen Dwivedi, fruits & vegetables division directors Sumit Saran and Vivek...

MUMBAI: Food Bazaar, the homemaker retail of Pantaloon Retail India Limited, on Friday said it would extend price benefits of major commodities to customers by directly procuring them from suppliers. "We will try to neutralise the effects of inflation by directly dealing with suppliers of various commodities available at our outlets," said Food Bazaar President Damodar Mall. Food Bazaar has tied up with rice brands like Kohinoor, Daawat, Doon and Resham and will provide...

It was my first visit to Indore ? a city I had wanted to visit for years. When I asked about places worth visiting, I was told that in addition to the fort and chattris (memorials) I should also visit an interesting night time food bazaar. I was directed first to the splendidly carved royal chattries on the banks of the Khan River and from there drove to the majestic Fort Rajwada, located in the most crowded area of the old city. A tall arched gateway leads inside the...

Consumers of today have evolved into a hyper active multi-taskers, constantly squeezing the 25th hour out of a regular day. Here are some of the most radical changes between contemporary consumers and how they behaved as recently as a decade ago. In an exclusive to Brand Equity, Devendra Chawla, CEO, Food Bazaar, chronicles the many shifts in consumer behaviour and attitude over the last decade. The star of a movie called 'me.' Indian consumers are a...

NEW DELHI: More than 1,000 people got an unexpected WhatsApp message from Dev Amritesh , president and COO at Dunkin' Donuts in India, this Saturday. "Hello friend. Do consider the Dunkin' Donuts Diwali gift pack for your Diwali gifting. If you have a requirement for a bulk order, please let me know and I'll personally arrange for a special discount for you and if possible even home delivery. Thank you very much," read the message...

NEW DELHI: Kishore Biyani-promoted Future Group company Pantaloon Retail is hiving off four of its business divisions, including Big Bazaar and Food Bazaar, into independent subsidiaries, keeping the option open for listing them in future. The Board of Pantaloon Retail today approved setting up of wholly-owned subsidiary companies for Big Bazaar, Food Bazaar, Speciality Retail Business Activities and Property and Mall Management Division. When contacted, a...

NEW DELHI: Pantaloon Retail is facing another round of churn. After Pantaloon Retail COO, Ved Prakash Arya, put in his papers, it has now lost the merchandising head of its food and grocery retail venture, Food Bazaar, Shiv Murthy, to Aditya Birla Retail. Mr Murthy has joined as the head of Aditya Birla Retail's supermarket venture. The AVB Group spokesperson confirmed the development saying Mr Murthy has joined as COO of the supermarket business. With his recruitment, Aditya Birla...

BANGALORE: Most organized retailers, including Foodworld , More , Spencer's, Spar and Food Bazaar , have ceased to accept the popular Sodexo coupons that many companies issue to employees as a perk. Retailers say handling food coupons is getting cumbersome and eating into their margins. The coupons need to be verified, kept safely, stamped, sent to Sodexo and only...

NEW DELHI: The Future Group's Rs 1,000 crore business unit Food Bazaar is embarking on a product category expansion within its existing formats to add new items like regional foods, as it aims to cash in on local flavours. The company which is planning to double the existing number of 102 'Food Bazaar' outlets across various formats by June next year will also be adding baby care, traditional requirements like puja items and organic foods...

NEW DELHI: Food and grocery account for almost 60% of India's retail market, but Food Bazaar chief executive officer Devendra Chawla says there is a lot of potential in the "underbranded" domestic market that the organised players can tap to offer more choice to the consumers. There is a dearth of private brands in food and home care products except some mature categories such as soap, which has a choice of some 130 brands, Chawla has told ET in an exclusive...

TUMKUR: Having entered consumer goods business with a dedicated food park, the Kishore Biyani-led Future Group today said it is looking to acquire a cold chain logistics company to help distribute its products. "We have multiple temperature storages and processing facilities here. Future Logistics is looking at an acquisition of a company to help in distribution," Biyani told a select group of reporters here, ahead of the inauguration...

MUMBAI: At least three food companies are introducing chocolate bread spreads in the domestic market, in what could be a sign of urban India's desire for change on the breakfast table. Mapro, Dukes and Finetti will bring out their own line of Ferrero India's Nutellalike chocolate spreads this month, challenging the dominance of fruit preserves that have found favor with consumers for ages. "Consumption growth of jams is on a decline and chocolate...

NEW DELHI: Food and grocery account for almost 60% of India's retail market, but Food Bazaar chief executive officer Devendra Chawla says there is a lot of potential in the "underbranded" domestic market that the organised players can tap to offer more choice to the consumers. There is a dearth of private brands in food and home care products except some mature categories such as soap, which has a choice of some 130 brands, Chawla has...

NEW DELHI: Food and grocery account for almost 60 per cent of India's retail market, but Food Bazaar chief executive officer Devendra Chawla says there is a lot of potential in the "under-branded" domestic market that the organised players can tap to offer more choice to the consumers. There is a dearth of private brands in food and home care products except some mature categories such as soap, which has a choice of some 130...

NEW DELHI | KOLKATA: Makers of shampoo, soap, biscuits, chips and noodles are increasingly introducing family or 'jumbo' packs of their top-selling brands in supermarkets to push sales and profits by offering value deals in a high-inflation environment. The big pack push, mostly a modern-trade phenomenon, help retailers get higher ticket sales and compete better against neighbourhood stores with value-for-money and bundling offers. "This...

MUMBAI: Shares of Future Retail today fell 5.6 per cent amid reports that market regulator Sebi has sought clarifications from the Kishore Biyani-led company on the manner in which the entity intends to merge its subsidiary Future Value Retail (FVRL) with itself. Despite making a positive opening, Future Retail's scrip tanked 5.58 per cent to Rs 75.25 on BSE. At NSE , the stock tumbled 5.52 per cent to Rs 75.20. As per media...